Governance

A Balanced Ecosystem of Aligned Interests

Participants in the DAO contribute differently based on their roles, creating a balanced ecosystem of aligned interests:

Merchants

Store owners pledge both online and offline assets as collateral for raising immediate capital through PST. Must hit growth targets to unlock more tokens, ensuring long-term commitment to success.

Token Holders

Provide capital through token purchases and receive dividends generated from stores. Hold voting rights on critical operations including store delisting, M&A, and emergency measures.

Brokerages

Drive market activity and promote PST.

Qupital (Operator)

Act as credit assessors to screen and select quality stores for initial offering, monitoring financials and verifying growth targets. Conduct due diligence to maintain high-quality PST-backed assets. Qupital proposes votes based on requests from Merchants and Token Holders and manages offline collateral for the DAO. Receives vested tokens tied to growth targets. Maintain protection treasury to absorb LP losses and align with ecosystem growth.

Collateral

Both online (cryptocurrencies, Web2 credentials) collateral pledged by merchants is governed by the DAO, with the operator as executor.